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You Should Pay $19.99 for Netflix

NEW YORK ( TheStreet) -- Lots of people bark that they would not pay more than $7.99 for Netflix(NFLX - Get Report).

I call B.S.

I reckon the average entertainment consumer doesn't truly understand Netflix's incredible value. Even $14.99 or $19.99 would be a steal. Netflix offers nothing short of a sweet deal, as content owners and cable/satellite providers continue to shaft us without kissing or buying us dinner.

Cable/Satellite vs. Netflix

We pay $64.98 a month; however this includes about $24.00 in discounts we received after threatening to cancel. When there's hockey, we pay $179 for one season of
NHL Centre Ice.

I would cancel if not for my wife, child, sports
and sports.

We subscribe to Netflix streaming for the paltry sum of $7.99/month. We watch Netflix through an excellent $50
Roku streaming device.

Here's what we watch on satellite.

My kid likes the Nickelodeon programming.
SpongeBob.
iCarly.
Victorious. She catches new episodes as they come on. You cannot do that on Netflix.

My wife and kid enjoy
The Voice on
NBC. They could watch shortly after airing -- online at
NBC's Website -- but I just can't get them to take that step.

My wife and I watch some
HGTV that we could not stream. And, although we could stream it or watch it on DVD, there's something about just watching random episodes of
Seinfeld and
Friends as they come on, as selected by somebody else.

That's pretty much the extent of it for our satellite viewing.

If you watch more than that -- and you probably do -- you're even less likely to drop cable or satellite. That actually makes Netflix a
better value.

Work sports into the mix and cable/satellite becomes an absolute must. I watch hockey nightly. I could buy the package through Roku, but I have heard horror stories about the reliability of streaming live sports night after night. So, we keep satellite to have relatively reliable access to hockey.